CREANGA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CREANGA
Largest movements
- Tangible fixed assets -€60,343
down €60,343 (-18.5%), from €326,220 to €265,877
of which Furniture and vehicles: -€39,416
- Cash +€19,343
up €19,343 (+41.0%), from €47,228 to €66,571
mainly Depreciation (+€43,053) and Investment in fixed assets (net) (+€21,290)
- Debts after one year -€54,077
down €54,077 (-22.8%), from €236,676 to €182,599
- Other debts -€12,373
down €12,373 (-59.7%), from €20,726 to €8,353
- Tax, wage and social debts +€9,532
up €9,532 (+165%), from €5,771 to €15,303
- Profit (loss) carried forward +€7,152
up €7,152 (+7.3%), from €98,052 to €105,204
- Purchases and services +€37,109
up €37,109 (+14.8%), from €251,217 to €288,326
- Gross operating margin -€20,630
down €20,630 (-12.1%), from €170,494 to €149,864
- Turnover +€16,479
up €16,479 (+3.9%), from €421,711 to €438,190
- Depreciation -€7,065
down €7,065 (-14.1%), from €50,118 to €43,053
- Staff costs +€6,800
up €6,800 (+11.8%), from €57,678 to €64,478
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €409,251 | €362,403 | -€46,848 | -11.4% |
| Fixed assets | 21/28 | €354,560 | €290,217 | -€64,343 | -18.1% |
| Intangible fixed assets | 21 | €28,340 | €24,340 | -€4,000 | -14.1% |
| Tangible fixed assets | 22/27 | €326,220 | €265,877 | -€60,343 | -18.5% |
| Land and buildings | 22 | €234,182 | €228,242 | -€5,940 | -2.5% |
| Plant, machinery and equipment | 23 | €1,989 | €0 | -€1,989 | -100% |
| Furniture and vehicles | 24 | €64,032 | €24,616 | -€39,416 | -61.6% |
| Other tangible fixed assets | 26 | €26,017 | €13,019 | -€12,998 | -50.0% |
| Current assets | 29/58 | €54,691 | €72,186 | +€17,495 | +32.0% |
| Amounts receivable after more than one year | 29 | €4,654 | €2,761 | -€1,893 | -40.7% |
| Other amounts receivable | 291 | €4,654 | €2,761 | -€1,893 | -40.7% |
| Amounts receivable within one year | 40/41 | €2,809 | €2,854 | +€45 | +1.6% |
| Trade receivables | 40 | €961 | €961 | = | 0.0% |
| Other amounts receivable | 41 | €1,848 | €1,893 | +€45 | +2.4% |
| Cash at bank and in hand | 54/58 | €47,228 | €66,571 | +€19,343 | +41.0% |
| Total equity and liabilities | 10/49 | €409,251 | €362,403 | -€46,848 | -11.4% |
| Equity | 10/15 | €104,252 | €111,404 | +€7,152 | +6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | €98,052 | €105,204 | +€7,152 | +7.3% |
| Amounts payable | 17/49 | €304,999 | €250,999 | -€54,000 | -17.7% |
| Amounts payable after more than one year | 17 | €236,676 | €182,599 | -€54,077 | -22.8% |
| Financial debts | 170/4 | €236,676 | €182,599 | -€54,077 | -22.8% |
| Amounts payable within one year | 42/48 | €68,323 | €68,400 | +€77 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €41,826 | €43,073 | +€1,247 | +3.0% |
| Trade debts | 44 | - | €1,671 | +€1,671 | |
| Suppliers | 440/4 | - | €1,671 | +€1,671 | |
| Taxes, remuneration and social security | 45 | €5,771 | €15,303 | +€9,532 | +165% |
| Remuneration and social security | 454/9 | €5,771 | €15,303 | +€9,532 | +165% |
| Other amounts payable | 47/48 | €20,726 | €8,353 | -€12,373 | -59.7% |
| Turnover | 70 | €421,711 | €438,190 | +€16,479 | +3.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €251,217 | €288,326 | +€37,109 | +14.8% |
| Remuneration, social security and pensions | 62 | €57,678 | €64,478 | +€6,800 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,118 | €43,053 | -€7,065 | -14.1% |
| Other operating charges | 640/8 | €3,568 | €4,515 | +€947 | +26.5% |
| Non-recurring operating charges | 66A | - | €15,654 | +€15,654 | |
| Gross operating margin | 9900 | €170,494 | €149,864 | -€20,630 | -12.1% |
| Operating profit (loss) | 9901 | €59,130 | €22,164 | -€36,966 | -62.5% |
| Financial income | 75/76B | €180 | €137 | -€43 | -23.9% |
| Recurring financial income | 75 | €180 | €137 | -€43 | -23.9% |
| Financial charges | 65/66B | €5,777 | €4,582 | -€1,195 | -20.7% |
| Recurring financial charges | 65 | €5,777 | €4,582 | -€1,195 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €53,533 | €17,719 | -€35,814 | -66.9% |
| Income taxes | 67/77 | €10,037 | €10,567 | +€530 | +5.3% |
| Profit (loss) for the period | 9904 | €43,496 | €7,152 | -€36,344 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,496 | €7,152 | -€36,344 | -83.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.